508 S Guadalupe Ave Redondo Beach, CA 90277
Estimated Value: $1,324,000 - $1,485,000
2
Beds
2
Baths
880
Sq Ft
$1,610/Sq Ft
Est. Value
Highlights
- Wood Flooring
- No HOA
- Laundry Room
- Alta Vista Elementary School Rated A+
- Neighborhood Views
- Bungalow
About This Home
As of June 2023Located in highly desirable south Redondo Beach, this vintage beach bungalow located west of Pacific Coast Highway offers incredible potential just a 5 minute walk to the beach! Live in the cozy cottage now while you plan your dream beach house later! The current home sits on a 4,350 square foot RH-1 zoned lot and consists of a one bedroom one bathroom cottage with an adjacent detached one-car garage as well as a detached "surf shack" studio and bathroom. Conceptual plans based on current zoning and building guidelines illustrate a 3,100 square foot, 5 bedroom, 3.5 bath home with views of Palos Verdes from the roof deck. There is also a possibility to keep the current main house and build an ADU and maybe even a Junior ADU for extra income, see supplements for more info. Conveniently located near Riviera Village, Redondo Beach Pier, Trader Joes, restaurants, shopping and great schools, this is an amazingly unique opportunity to build your dream home or enjoy comfortable beach cottage living in Redondo Beach! Investors and builders also welcome!
Last Agent to Sell the Property
Beach City Brokers License #01425870 Listed on: 04/13/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,289
Year Built
- Built in 1921
Lot Details
- 4,335 Sq Ft Lot
- Level Lot
Parking
- 1 Car Garage
- 3 Open Parking Spaces
- Parking Available
- Driveway
Home Design
- Bungalow
Interior Spaces
- 880 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Wood Flooring
- Neighborhood Views
Bedrooms and Bathrooms
- 2 Bedrooms | 1 Main Level Bedroom
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Schools
- Alta Vista Elementary School
- Parras Middle School
- Redondo Union High School
Utilities
- Wall Furnace
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 10 / 164
- Tax Tract Number 6213
- Assessor Parcel Number 7508018018
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 13, 2023
Closed on
Jun 20, 2023
Sold by
Chatman Nicholas J
Bought by
Lopez Louis M
Seller's Agent
Justin Miller
Beach City Brokers
Buyer's Agent
Kevin Sanderson
Vista Sotheby’s International Realty
List Price
$1,229,000
Sold Price
$1,200,000
Premium/Discount to List
-$29,000
-2.36%
Total Days on Market
23
Views
82
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,651
Avg. Annual Appreciation
8.88%
Original Mortgage
$960,000
Outstanding Balance
$940,210
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$476,441
Purchase Details
Listed on
Apr 13, 2023
Closed on
May 17, 2023
Sold by
Doong Jeffery
Bought by
Chatman Nicholas J
Seller's Agent
Justin Miller
Beach City Brokers
Buyer's Agent
Kevin Sanderson
Vista Sotheby’s International Realty
List Price
$1,229,000
Sold Price
$1,200,000
Premium/Discount to List
-$29,000
-2.36%
Views
82
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Outstanding Balance
$940,210
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$476,441
Purchase Details
Closed on
Jul 24, 2014
Sold by
Bdb Partners
Bought by
Chatman Nicholas J
Purchase Details
Closed on
May 21, 2014
Sold by
Moore Robert S
Bought by
Bdb Partners
Purchase Details
Closed on
May 7, 2014
Sold by
Moore Megan
Bought by
Moore Robert S
Purchase Details
Closed on
Apr 30, 2014
Sold by
Parris Jean Sonnichsen
Bought by
Moore Robert S
Purchase Details
Closed on
Dec 31, 2002
Sold by
Sonnichsen Jean
Bought by
Parris Jean Sonnichsen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.96%
Mortgage Type
Balloon
Purchase Details
Closed on
May 24, 2000
Sold by
Sonnichsen Jean
Bought by
Sonnichsen Jean
Purchase Details
Closed on
Jun 30, 1999
Sold by
Wahl Lessie M and The Claudia E Montgomery Trust
Bought by
Sonnichsen Jean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,250
Interest Rate
7.24%
Purchase Details
Closed on
Aug 14, 1986
Sold by
Adams Claudia E and Montgomery Claudia E
Bought by
Montgomery Claudia E and Claudia E Montgomery Trust
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lopez Louis M | $1,200,000 | First American Title | |
| Chatman Nicholas J | -- | First American Title | |
| Chatman Nicholas J | $580,005 | Progressive Title Company | |
| Bdb Partners | -- | None Available | |
| Moore Robert S | -- | Progressive Title Co | |
| Moore Robert S | $460,004 | Progressive Title Company | |
| Parris Jean Sonnichsen | -- | American Title Co | |
| Sonnichsen Jean | -- | Lawyers Title Company | |
| Sonnichsen Jean | $227,000 | First American Title Co | |
| Montgomery Claudia E | -- | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lopez Louis M | $960,000 | |
| Previous Owner | Sonnichsen Jan | $26,448 | |
| Previous Owner | Parris Jean Sonnichsen | $520,000 | |
| Previous Owner | Parris Jean Sonnichsen | $380,000 | |
| Previous Owner | Parris Jean Sonnichsen | $38,000 | |
| Previous Owner | Parris Jean Sonnichsen | $304,000 | |
| Previous Owner | Sonnichsen Jean | $215,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2023 06/23/23 | Sold | $1,200,000 | -2.4% | $1,364 / Sq Ft |
| 05/06/2023 05/06/23 | Pending | -- | -- | -- |
| 04/13/2023 04/13/23 | For Sale | $1,229,000 | -- | $1,397 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $14,289 | $1,224,000 | $979,200 | $244,800 |
| 2023 | $8,215 | $669,997 | $401,999 | $267,998 |
| 2022 | $8,067 | $656,861 | $394,117 | $262,744 |
| 2021 | $7,919 | $643,983 | $386,390 | $257,593 |
| 2019 | $7,728 | $624,884 | $374,931 | $249,953 |
| 2018 | $7,510 | $612,632 | $367,580 | $245,052 |
| 2016 | $7,284 | $588,845 | $353,307 | $235,538 |
| 2015 | $7,737 | $580,000 | $348,000 | $232,000 |
| 2014 | $3,878 | $284,098 | $200,603 | $83,495 |
Source: Public Records
Agents Affiliated with this Home
-
Justin Miller
Seller's Agent in 2023
Justin Miller
Beach City Brokers
(310) 619-9389
26 in this area
120 Total Sales
-
Kevin Sanderson
K
Buyer's Agent in 2023
Kevin Sanderson
Vista Sotheby’s International Realty
(310) 546-7561
1 in this area
36 Total Sales
-
Jennifer Merritt
Buyer Co-Listing Agent in 2023
Jennifer Merritt
Vista Sotheby's International Realty
(310) 413-7809
1 in this area
36 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB23060795
APN: 7508-018-018
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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